Power Grid Corporation of India 7.97% Jul 2031 NCD (INE752E07OA8)

CARE AAA / Stable Secured NCD

Power Grid Corporation of India Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

68 more bonds from Power Grid Corporation of India Limited →

Current YTM

—

No market YTM available

Coupon Rate

7.97%

Per annum

Maturity Date

15 Jul 2031

4.7 Yrs to Maturity

Interest Payment

Annual

Frequency

Face Value

₹10,00,000

Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.

5 Nov 2026 New rating assigned to AAA CRISIL
14 Aug 2026 Interest payment notice Information regarding payment of Interest of Unsecured, Redeemable, Non-Convertible, Non-Cumulative, Taxable (8.24% POWERGRID GOI Fully Ser…

Market Position

YTM (Annual)

—

No trade with a usable price on record

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

Tenure

4.7 Years

Remaining to maturity

Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.

Showing last 10 trades.

Cashflow Timeline

15 Jul 2027

Interest Payment

₹79,700.00 / Bond

₹71,730.00 net of 10% TDS (est.)

15 Jul 2028

Interest Payment

₹79,700.00 / Bond

₹71,730.00 net of 10% TDS (est.)

15 Jul 2029

Interest Payment

₹79,700.00 / Bond

₹71,730.00 net of 10% TDS (est.)

15 Jul 2030

Interest Payment

₹79,700.00 / Bond

₹71,730.00 net of 10% TDS (est.)

15 Jul 2031

Final coupon + principal

₹10,79,700.00 / Bond

₹79,700.00 coupon + ₹10,00,000 face value

5 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today

Key Metrics

Coupon Rate

7.97%

YTM (Annual)

—

Credit Rating

AAA

(CARE) · rated 23 Apr 2026, 6 months ago

Remaining Tenure

4.7 Years

Advanced metrics

Modified Duration

3.70 Yrs

Macaulay Duration

3.99 Yrs

Issue Size

₹1,000 Cr

Minimum Investment

₹10,00,000

1 bond × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration

3.70 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Annual

Last Trade

—

No recorded trades

Trades (30 Days)

Exchange-reported sessions

Security Status

Secured

No call option

Observations

This bond is secured.
No secondary-market trades recorded in the last 30 days.
Coupon is 2.23 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 7 Nov 2026

Issuer

Power Grid Corporation of India Limited

Instrument Type

NCD

Issue Date

15 Jul 2016

Day Count Convention

ACT/ACT

Listed Exchange

BSE

Call / Put Option

None disclosed

Power Grid Corporation of India 7.97% Jul 2031 NCD is a secured, rated NCD issued by Power Grid Corporation of India Limited. It pays a 7.97% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

2 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

Date	Agency	Rating	Outlook	Status	Source
23 Apr 2026	CARE	AAA	Stable	Latest	CARE press release →
2016	CARE	AAA	—	NSDL record, 2016	NSDL debt master

Rating Action History

3 actions

Agency actions on Power Grid Corporation of India Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

Date	Agency	Action	Rating	Outlook	Rationale
2026-11-05	CRISIL	Initial	AAA	Stable	View →
2026-08-25	CRISIL	Update	—	—	View →
2026-06-24	CRISIL	Update	—	—	View →

Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on Power Grid Corporation of India Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

Date	Agency	Action	Rating	Rationale
2026-11-05	CRISIL	Initial	AAA / Stable	View →
2026-08-25	CRISIL	Update	—	View →
2026-06-24	CRISIL	Update	—	View →

Alert me about Power Grid Corporation of India Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	2	CARE	2026-04-23
Rating Actions History	3	—	2026-11-05
Secondary-Market Trades	0	—	—
Reg52(4) Payment Disclosures	0	—	—

No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata

Source: BSE
Last Updated: 7 Nov 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Frequently Asked Questions

What is the coupon rate on Power Grid Corporation of India 7.97% Jul 2031 NCD?

Power Grid Corporation of India 7.97% Jul 2031 NCD carries a coupon of 7.97%, paid annual, on a face value of ₹10,00,000.

When does Power Grid Corporation of India 7.97% Jul 2031 NCD mature?

Power Grid Corporation of India 7.97% Jul 2031 NCD matures on 15 Jul 2031, 4.7 years from today.

What is Power Grid Corporation of India 7.97% Jul 2031 NCD rated?

Power Grid Corporation of India 7.97% Jul 2031 NCD is rated AAA by CARE (rating dated 23 Apr 2026).

Is Power Grid Corporation of India 7.97% Jul 2031 NCD secured?

Power Grid Corporation of India 7.97% Jul 2031 NCD is a secured bond.

Where does Power Grid Corporation of India 7.97% Jul 2031 NCD trade?

Power Grid Corporation of India 7.97% Jul 2031 NCD is listed on BSE.

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Maturity

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Maturity

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Maturity

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Power Grid Corporation of India 9.25% Mar 2027 NCD

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Maturity

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INE721A07QO7	Shriram Finance Limited	AA+	8.00%	2031-12-26
INE2PI907018	Muthoottu Infotech Private Limited	—	8.00%	2030-12-29
INE2SC707015	Muthoottu Mini Theatres Private Limited	—	8.00%	2031-02-26
INE296A07TX5	Bajaj Finance Limited	AAA	8.00%	2031-05-12
INE2VY607016	Muthoottu Mini Hotels Private Limited	—	8.00%	2031-05-15
INE306N07MS0	Tata Capital Limited	AAA NSDL record, 2022	8.00%	2032-06-01

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